Whittaker takes a bullish stance

Professional Adviser
clock

fund manager of the new star uk growth fund is optimistic the market could be 20% higher within a year's time

Despite steep declines in the stock markets, Stephen Whittaker, the replacement manager of the New Star UK Growth fund, is remarkably bullish in his outlook and has positioned the portfolio for a market recovery. Whittaker spent 15 years at Perpetual (now Invesco Perpetual) before leaving last May to join New Star in one of a succession of high profile hires by New Star. During his time at Perpetual he built up an excellent performance track record managing the Perpetual UK Growth fund. In joining New Star, he replaces Alan Miller, New Star's chief investment officer, who was taken off...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •